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U.S. Goods Trade Balance

U.S. goods trade balance with the world, trailing 12 months, $ billions

−$1.12T in Aug 2026−$12B since Aug 2024

Plays the chart through its history. Pauses are where the data set a record or moved most.

The gap between what the U.S. exports and imports in goods over a year. Services trade, where the U.S. runs a surplus, is not included.

What this chart reads

Sources

US goods trade balance (12 months). Source: Palanor pulls this series from the FRED API nightly. The underlying data is the monthly merchandise trade balance from the OECD's International Merchandise Trade Statistics, summed over the trailing twelve months.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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